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REGISTERED NUMBER: 11927371 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

Ns Chahal Sub-Contractor Ltd

Ns Chahal Sub-Contractor Ltd (Registered number: 11927371)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ns Chahal Sub-Contractor Ltd

Company Information
for the Year Ended 30 April 2023







DIRECTOR: Mrs R Kaur





REGISTERED OFFICE: 17 Warley Road
Hayes
Middlesex
UB4 0PZ





REGISTERED NUMBER: 11927371 (England and Wales)

Ns Chahal Sub-Contractor Ltd (Registered number: 11927371)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,390 23,188

CURRENT ASSETS
Debtors 5 500 12,500
Cash at bank and in hand 4,122 17,780
4,622 30,280
CREDITORS
Amounts falling due within one year 6 14,834 33,390
NET CURRENT LIABILITIES (10,212 ) (3,110 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,178

20,078

CREDITORS
Amounts falling due after more than one
year

7

31,120

41,126
NET LIABILITIES (23,942 ) (21,048 )

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 (23,943 ) (21,049 )
SHAREHOLDERS' FUNDS (23,942 ) (21,048 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Ns Chahal Sub-Contractor Ltd (Registered number: 11927371)

Balance Sheet - continued
30 April 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 February 2024 and were signed by:





Mrs R Kaur - Director


Ns Chahal Sub-Contractor Ltd (Registered number: 11927371)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Ns Chahal Sub-Contractor Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is recognised to the extent that it is probable that the economic benefit will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services
Revenue from a contract to provide service is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;
- It is probable that the Company will receive the consideration due under the contract ;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Revenue is recognised when goods are delivered and services are rendered.

Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The Company adds to the carrying amount of an item of fixed assets the cost of replacing part of such an item when that cost is incurred, if the replacement part is expected to provide incremental future benefit to the Company. The carrying amount of the replaced part is derecognised. Repairs and maintenance charged to the Statement of comprehensive income during the year in which they are incurred.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Plant and machinery -25% on reducing balance
Motor Vehicles -25% on reducing balance

The asset's residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from bank and other third parties, loan to related parties and investments in non-puttable ordinary shares.


Ns Chahal Sub-Contractor Ltd (Registered number: 11927371)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in life.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2022 10,500 41,000 1,575 53,075
Disposals - - (1,575 ) (1,575 )
At 30 April 2023 10,500 41,000 - 51,500
DEPRECIATION
At 1 May 2022 6,062 22,250 1,575 29,887
Charge for year 1,110 4,688 - 5,798
Eliminated on disposal - - (1,575 ) (1,575 )
At 30 April 2023 7,172 26,938 - 34,110
NET BOOK VALUE
At 30 April 2023 3,328 14,062 - 17,390
At 30 April 2022 4,438 18,750 - 23,188

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 500 12,500

Ns Chahal Sub-Contractor Ltd (Registered number: 11927371)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade creditors 1,007 2,981
Taxation and social security 915 -
Other creditors 12,912 30,409
14,834 33,390

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Bank loans 31,120 41,126

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 31,120 41,126

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
1 Ordinary 1 1 1

9. RESERVES
Retained
earnings
£   

At 1 May 2022 (21,049 )
Deficit for the year (2,894 )
At 30 April 2023 (23,943 )

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs R Kaur.